Forex Chief is offering a $100 no-deposit bonus to new clients who verify their account and install the Forex Chief mobile app, with withdrawal conditions attached to trading volume and turnover.
ForexChief $100 No Deposit Bonus Table of Contents
Forex Chief No-Deposit Bonus
Trading your funds in the cryptocurrency market involves considerable risks, mainly due to its high volatility. Broad knowledge and a reliable broker are the perfect mix for managing every trading experience. To encourage traders to understand and try out the trading environment offered for negotiations, Forex Chief proposes a $100 no-deposit bonus.
The promotional initiative is very interesting. It allows traders to receive a free bonus of $100 on their account without having to make any deposit. An excellent method to test the effectiveness of the tools offered and to see (without any risk) how efficient the chosen strategies are for trading. The interested client who requests the offer will automatically receive the extra funds on their ForexChief mobile app, immediately after successfully passing the account verification process.
- To have access to the promotional initiative offered, it will not be necessary to make any deposit.
- The interested client will have to successfully complete a simple and quick account verification process, so as to make it active for receiving the bonus.
- Once the verification process is successfully passed, $100 will be automatically credited within the ForexChief mobile app.
- The promotion has no expiration date.
- Once the required trading conditions are met, the trader will be able to withdraw the $100 bonus without any restrictions.
- Any trading strategy will be allowed (including the use of trading robots), without any restrictions.
|Type of Promotion||No-Deposit Bonus|
|Minimum Deposit Required||None|
|Compatible Accounts||MT4.DirectFX – MT4.Classic+ – MT5.DirectFX – MT5.Classic+|
|Profit Withdrawal Conditions||Upon reaching a turnover of USD 10,000,000 on one’s account|
How to Access the Offer
The offer is only valid for new traders who wish to start investing with Forex Chief. The client can request the bonus once and on one account only. To access the initiative, simply follow the next easy steps:
- To start, the trader will need to register and open a real account. The accounts compatible with the initiative are: MT4.DirectFX – MT4.Classic+ – MT5.DirectFX – MT5.Classic+
- At this stage, the client will need to complete a verification process by sending documents proving their identity and country of residence (for example, a valid ID card, a recent electricity bill, and active mail).
- Install the Forex Chief trading app on your device (Android or iOS). The extra funds of $100 will be automatically credited.
- Once the necessary trading conditions are met, it will be possible to proceed to withdraw both the profits and the extra funds.
Terms and Conditions
Following is a summary of the rules to be followed in order to take advantage of the offered promotion.
- In order to request the promotion, it will be necessary to open a new account choosing between MT4.DirectFX, MT4.Classic+, MT5.DirectFX or MT5.Classic+. The applicant will have the opportunity to make a single request and on one account only.
- The no-deposit bonus requires the installation of the ForexChief app on your device and the completion of the account verification procedure.
- Every trader will be able to withdraw the bonus: by meeting the necessary trading conditions, only through the app, with successful account verification.
- To activate the bonus: enter the app, select “Bonus and Credits” and click on “No-Deposit Bonus”. Choose the type of account from those available.
- The profits generated from trading with the bonus funds can be withdrawn if the total turnover on the account has reached USD 10,000,000.
- The maximum withdrawable profit, having met the imposed conditions, is $100. Once the withdrawal is made, all funds will be charged to the account, including the Bonus itself. For example: assuming the client has closed 42 lots of EURUSD (a turnover greater than 10,000,000 USD), the account balance will be 250 USD. In this circumstance, the trader can only withdraw 100 USD and the remaining $150 will be removed from the account.
- Although the bonus is active on the client’s account, it will be possible to deposit funds for trading without any restriction. But if the trading conditions for the bonus withdrawal are not met, the client will only be able to withdraw from the account the deposited funds or any profits generated from them.
- The no-deposit bonus is not available in: Bangladesh, Botswana, Ghana, Kenya, Madagascar, Malaysia, Nigeria, Pakistan, South Africa, Sri Lanka, Uganda, Uzbekistan.
Accounts Compatible with the Offer
As mentioned, among the accounts offered by the broker, the client can choose the following to receive the bonus: MT4.DirectFX, MT4.Classic+, MT5.DirectFX, MT5.Classic+.
We would like to specify that each account has different features. By consulting the next comparison table, it will be possible to choose the most suitable one for your needs.
|Available Platforms||MetaTrader4, iOS Trader, Android Trader||MetaTrader4, iOS Trader, Android Trader||MetaTrader5, iOS Trader, Android Trader||MetaTrader5, iOS Trader, Android Trader|
|Minimum Required Deposit||$ 10 (or equivalent)||$ 10 (or equivalent)||$ 10 (or equivalent)||$ 10 (or equivalent)|
|Account Currencies Available||US Dollar, CHF, British Pound, Euro, Japanese Yen||US Dollar, CHF, British Pound, Euro, Japanese Yen||US Dollar, CHF, British Pound, Euro, Japanese Yen||US Dollar, CHF, British Pound, Euro, Japanese Yen|
|Maximum Leverage||1:1000 (1:5 for crypto instruments)||1:1000 (1:5 for crypto instruments)||1:1000 (1:5 for crypto instruments)||1:1000 (1:5 for crypto instruments)|
|Type of Execution||Market||Market||Market||Market|
|Position Accounting System||Hedging||Hedging||Hedging or Offset||Hedging or Offset|
|Spread||Floating from 0 pips||Floating from 0.3 pips||Floating from 0 pips||Floating from 0.3 pips|
|Trading Commissions||Forex, metals, commodities, indices – $15 per million & Stocks, cryptocurrencies – 0.1%||Forex, metals, commodities, indices – No commission & Stocks, cryptocurrencies – 0.1%||Forex, metals, commodities, indices – $15 per million & Cryptocurrencies – 0.1%||Forex, metals, commodities, indices – No commission & Cryptocurrency – 0.1%|
|Size of 1 lot (Forex)||100 000||100 000||100 000||100 000|
|Contracts Available||Over 150 Forex, metals, commodities, indices, stocks, cryptocurrencies||Over 150 Forex, metals, commodities, indices, stocks, cryptocurrencies||Over 60 Forex, metals, commodities, indices, stocks, cryptocurrencies||Over 60 Forex, metals, commodities, indices, stocks, cryptocurrencies|
|Available Crypto Instruments||BCH USD, BTC USD, ETH USD, LTC USD, XRP USD||BCH USD, BTC USD, ETH USD, LTC USD, XRP USD||BCH USD, BTC USD, ETH USD, LTC USD, XRP USD||BCH USD, BTC USD, ETH USD, LTC USD, XRP USD|
|Minimum Order Size (lots)||0.01 (increment – 0.01)||0.01 (increment – 0.01)||0.01 (increment – 0.01)||0.01 (increment – 0.01)|
|Maximum Order Size (lots)||100||100||100||100|
|Maximum Number of Open Orders||500||500||500||500|
|Total Volume of Open Positions (lots)||Unlimited||Unlimited||Unlimited||Unlimited|
|Discounts on Turnover||Yes||Yes||Yes||Yes|
Trade crypto with Forex Chief
The main trading features for each available instrument that will allow customers to invest in crypto are as follows:
|Symbol||Lot size||Pip size||Minimum spread in pips||Average spread in pips||Short trade||Long trade||Max leverage|
|BCH USD||1 BCH||0.001||100||400||-18%||-18%||1:5|
|BTC USD||1 BTC||1||10||30||-18%||-18%||1:5|
|ETH USD||1 ETH||0.01||20||110||-18%||-18%||1:5|
|LTC USD||10 LTC||0.001||30||100||-18%||-18%||1:5|
|XRP USD||100 XRP||0.0001||3||7||-18%||-18%||1:5|
For more information, please inquire to ForexChief Official Website Official Website directly. In order to participate to the Promotion, you must have a ForexChief Account. If you haven't opened an account yet, please open one from here for Free.
ForexChief official website is here.
Please click "Introduction of ForexChief", if you want to know the details and the company information of ForexChief.